Greenbrae Tag

What Is a Probate Sale? A Step-by-Step Guide for Buyers

By The Jenn Pfeiffer Team | Jenn Pfeiffer, Realtor & Certified Probate Real Estate Specialist When a homeowner passes away, their assets—including real estate—must be legally transferred to heirs or beneficiaries. This process is known as probate. Before any assets can be distributed, the court ensures that all outstanding debts and taxes (including mortgages) are paid. In many cases, this means the property must be sold through a probate sale, with proceeds used to settle the estate and distribute any remaining funds to heirs. If you’re considering buying a probate property—or navigating one as part of an estate—here’s what you need to know. Who’s Involved in a Probate Sale? A probate sale involves several...

by Jenn Pfeiffer

Share:

0 Comments